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Bristol Myers Squibb Shares Rise After Two Late-Stage Trials Deliver Results

The ALOFT-IPF trial of admilparant in adults with idiopathic pulmonary fibrosis met its primary endpoint.

Unmarked pharmaceutical vial beside glassware on a research bench / TokenPost.ai
Unmarked pharmaceutical vial beside glassware on a research bench / TokenPost.ai

Bristol Myers Squibb shares rose nearly 6% in premarket trading Monday, Oct. 12, after the company posted positive topline results from two Phase 3 trials.

The ALOFT-IPF trial evaluated admilparant in adults with idiopathic pulmonary fibrosis and met its primary endpoint.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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